 Good morning everybody today. It's a first day of the trading month December 3rd 2018 and Let's see if we can get a setup a couple things have changed Around as you can see. I don't have any indicators underneath here Constantly changing things up Constantly trying to improve on my Strategy so bear with me as I am still improving it the markets are up huge today Spies up $4 and 62 cents on the day Let's just see where we go from here and check forks factory at 9 30. Nope. That's not us 9 45 We have final manufacturing PMI That's in 15 minutes at 10 o'clock. We have ISM manufacturing PMI Construction spending ISM manufacturing prices All day today is a total of vehicle cells So we got quite a few things FOMC 1030 on this morning Eastern time FOMC members speaking just a couple of things several things that I think could impact the The trading date getting signals here on Apple. I don't think the markets are gonna move a whole lot up until We get that ISM manufacturing PMI at 10 o'clock eastern time in less than 30 minutes So just sit back relax. Let's let's just be patient as always this Apple puts Made out really really well today really well. You could have bought an at 2 anywhere between 2 45 and 250 And been selling above $3 at $3 so Not really my setup so I'm not too I'm not too frustrated about that at all That's okay Gotta wait till after 10 10 o'clock eastern time, which is 8 o'clock my time It before you know after excuse me after that report comes out. So again continuing to be patient It's looking like spy might be setting up here. It's getting pretty close getting pretty close not ready yet Not gonna do anything just gonna wait for my signal here I am looking at the 279 puts that expire in just two days What you're seeing here is The five-minute chart on spy on the far right the middle the one minute chart and on the far left You're seeing the actual chart for the 279 puts the puts that I'm looking to trade Bill has quite a bit for for it to Set up, but it looks like we might be playing puts Sometime in the very very near future signal is trying to produce here on the five-minute chart on spy I'm gonna give it a minute Alrighty I went ahead and bought at 170. I Sold one. I still am holding on to one I'm holding on to one right now. I'm gonna let it run here And I went ahead and sold the other one. Here are my trades here Bought at 170 Sold at 190 and then sold at 189. So that's That's good. That's good. I'm very good with that. That's that's awesome. That's phenomenal. That's over 10 percent. So I'm gonna start doing this. I'm gonna start doing this guys. I'm gonna start somewhat Scaling out That's that seems to be the way to go bad at guys. I'm in hindsight I should have held on to that trade the 279 puts They're going up now here. I should have waited just a little bit longer, but that's okay Made my money like that 191 by 193 still and it got stuck there for for a bit Wow, that was an awesome trade. This is one of my best trades. I've had in a long time guys Again to show you my trade bought at 170 sold the first one at 190 and Then sold the second one at 189. So pretty cool pretty cool guys We are good. We are very very good here. I'm very happy with this trade very satisfied What's going on everybody? It's your boy Giovanni from spy options trading on this beautiful Monday tg I am I hope everybody had an awesome weekend now for today's trade. Let's not get too excited I still have a lot to learn I have a lot to work on I'm trying this new thing bear with me now bear with me. I know this is a new concept for everybody But I'm trying out this new thing called scaling out All the great traders do it. Why shouldn't I be doing it? You guys know all my subscribers that have been with me for quite some time that most of my plays run and they run Big and I want a piece of that as you saw in today's trading video. I'm looking to Scale out. I know I'm only trading one two contracts. That's fine. Whatever It can I can work on it I'm going to start, you know scaling out by getting out anywhere between five and ten percent that doesn't change And then leaving the other to see if it has an opportunity to go up higher now in today's trade Had I not chickened out? I would actually made quite a bit more those put options went up to as high as $2 and 27 cents, I believe so as soon as I sold maybe a minute or two minutes later It started heading heading up north basically, but It's a start guys. It's a start. I'm going to work on this. This is me working on my exit strategy something that I've been telling you guys telling myself for Months and months and months years actually years So it's me working on it. So bear with me also a couple things change on my algorithm Or should I say my script my signals? I think in my opinion They're a little bit more accurate and it's going to give me a good opportunity to basically Get in on a trend So bear with me guys Again, I'm I'm not letting any of this stuff out I'm going to work on it first and then as soon as I get a thousand subscribers We can talk more about it. We can talk about my my trading strategy and all that jazz and also I have a defined Stop loss too. So I all of this I worked on over the this past week And let's let's just keep it going I could have actually traded apple as well as you saw I pointed it out The only thing I don't like and this is just maybe personal, right? But I don't like trading that first five minute candle. Call me stupid. Call me dumb Whatever. I just I don't like trading that first five minutes I've seen it time and time again where it actually, you know, get a signal in either direction. It doesn't matter And then it just completely reverses Back and I don't want I want to give myself the best opportunity to get in on a good trade In my opinion, I think that's um trading that first five minute is uh suicide But you never know with me I might change my mind down the road and I have the right to change my mind On the way that I trade one last thing that I wanted to mention I don't want to look at my account. I don't want to look how much money I have in my trading account I'm not showing myself And I'm not showing you guys either. I'm still trading with five hundred dollars I'm trading with that mentality that I'm trading with five hundred dollars I might have over, you know, six hundred dollars now 550 I don't I don't know. I I have no idea how much I have I don't care. I don't care. I don't care to know At some point in the future, maybe a couple months down the road six months. Hell, it could be a year Until I actually start looking at my trading account. Of course that could change temptation temptation temptation But I'm gonna fight it. I don't care to know how much money I currently make I don't care how much is in my account. I'm going to work on my skills as a day trader And therefore maybe you can learn from my mistakes when I'm doing right when I'm doing wrong Etc. Etc. Guys, so bear with me hit that subscribe button down below if you haven't already Click that bell notification so you get notified the moment that I upload a video and also if you're thinking about opening up a tasty works account There's a referral link down below. I'll put it in the description. So thank you everybody I enjoy reading your comments. In fact, comment down below what you thought about today's trade Did I do it right? Do I do it wrong? Do you have any opinions? Do you have any advice for me? Any of that is welcome Free game. So thank you so much everybody for watching. See you again next time